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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Jpmorgan Emerging Europe Middle East & Africa Securities Plc | JEMA | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 214.00 | 13:05:21 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 214.00 |
| Industry Sector |
|---|
| ELECTRICITY |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 24/01/2024 | Final | GBP | 0.005 | 01/02/2024 | 02/02/2024 | 15/03/2024 |
| 15/03/2022 | Interim | GBP | 0.15 | 03/02/2022 | 04/02/2022 | 11/03/2022 |
| 25/01/2022 | Final | GBP | 0.1 | 03/02/2022 | 04/02/2022 | 11/03/2022 |
| 22/09/2021 | Interim | GBP | 0.25 | 30/09/2021 | 01/10/2021 | 05/11/2021 |
| 27/01/2021 | Final | GBP | 0.1 | 04/02/2021 | 05/02/2021 | 12/03/2021 |
| 22/09/2020 | Interim | GBP | 0.25 | 01/10/2020 | 02/10/2020 | 30/10/2020 |
| 20/01/2020 | Final | GBP | 0.1 | 06/02/2020 | 07/02/2020 | 13/03/2020 |
| Top Posts |
|---|
Posted at 14/11/2024 23:32 by loganair JEMA share price slowly starting to represent the MOEX price of its Russian holdings. |
Posted at 12/11/2024 17:10 by galeforce1 maxplus - thanks for your response. Can I ask on what platform you are trading JEMA?My account is at IG markets. They are saying that trading in this equity is suspended by their custodian, which is VIDACOM (part of Citigroup). Maybe there are other custodians who are not blocking trading in JEMA |
Posted at 08/11/2024 13:10 by loganair I hope JEMA don’t sell their Russian holdings as many are in first class companies paying good dividends.As rightly pointed out the drop in the 100% Nav price from £10 to £5 is entirely due to the exchange rate. Hopefully when the conflict is over and things start to return to some sort of normalisation the rouble will strengthen against the GBP pushing up the Nav by a further couple of pounds. |
Posted at 05/11/2024 16:25 by gbjbaanb How does it benefit JEMA, well once the war ends with sane heads stopping the funding to keep the death to going, then songs will ultimately end. Looking at the energy crisis in Europe building (they say if this winter is cold, we will run out and that will be bad) I think many politicians will secretly want to resume buying Russian gas.Ending the war is a good thing, it should never have been pushed to continue, Boris has blood on his hands going to prevent the peace talks, Biden too for pushing for war to escalate. It should never have started either, Ukraine should have honoured the Minsk agreement. But regardless of the corruption and evil of our leaders, once war stops, jema can only benefit. |
Posted at 20/10/2024 14:18 by loganair Further to the Board's RNS announcements on 6th September and 12th September 2024 regarding the Russian court order update, the Board announces that today 18th October 2024 the Company's Manager informed the Board of the following (in italics):"The Russian court has granted VTB's claim for $439m in full against eight (including JEMA) of the nine J.P. Morgan legal entities named as defendants in the original claim. The J.P. Morgan defendants have 30 days from the date of publication of the ruling to appeal. The appeal process would take approximately two months. The judgment cannot be enforced against J.P Morgan's assets until the appeal is determined. Furthermore, as previously detailed, under current Russian law, JEMA's assets (both securities and cash) held in S accounts in the name of J.P. Morgan Bank International (J.P. Morgan's Russian subsidiary) cannot be used to satisfy the judgment. |
Posted at 15/10/2024 16:51 by loganair When the conflict in the Ukraine is finally over, if JEMA are able to repatriate the monies in their 'S' account, one of the biggest variables will be the RUB/GBP exchange rate.At 120 rub to the GBP JEMAs 'S' account is currently worth circa 50p per share, while at 100 rub to the GBP would be worth 60p per share and if happens to be 80 rub to the GBP = 75p per share etc. The second variable will be will JEMA be able to repatriate monies from their 'S' account and from any sale of any stocks at full value or 50% of their full value? |
Posted at 15/10/2024 08:40 by loganair Red - can double the £1.1mln to get the full MOEX value, then double again due to the fall in the value of the Rouble = circa £4.4mln. Yandex highest value was about 18 months before February 2022, about 3 times higher share price - £4.4mln x 3 = £13.2mln.Yandex was by far JEMA's worse performing Russian stock coming into the conflict, had fallen by 65% from 18 months prior to February 2022. Some of JEMAs Russian holdings are only down 15% from their high. Also, when the conflict finally ends and some of the sanctions are lifted, it seems to me reasonable to say that the Rouble will rise in value. I'm looking for it to go from 120 rub to the GBP to around 100. At this time, maybe able to sell for the full MOEX value. JEMA may also wish to keep most their Russian stocks as they are high dividend yielding . Therefore all is not as bad as it may first seem. |
Posted at 14/10/2024 18:44 by loganair JEMA has managed to sell it's Yandex NV shares for 50% of their MOEX value for a total consideration of circa 2.8p per JEMA share.Note - Yandex NV was never a dividend paying stock. I wonder what JEMA are going to do with the circa £1.1mln they recieved from the sale of these shares? |
Posted at 05/8/2024 16:14 by loganair yf23 - It seems to me reasonable to say because for the Russian stocks they hold, JEMA only put the NAV as 1% of the MOEX value and the monies from dividends held in their 'S' account as Zero value towards the NAV when are worth circa 60p per share.If in the next 12 months the situation in the Ukraine does come to an end and some of the financial sanctions are lifted... Currently when it comes to getting any funds out of Russia from 'Unfriendly countries', such as with the sale of Yandex has to be done at 50% of the MOEX value. If able to trade all of JEMA's Russian assets under this when the conflict comes to an end = 250p extra to the NAV for JEMA, giving an approximate total NAV of 300p. If able to trade on the 100% value = 500p extra to the NAV for JEMA, giving an approximate total NAV of 550p. Note: NAV on JEMA's Russian assets I've calculated at an exchange rate of 110 rubs to the GBP. |
Posted at 17/7/2024 14:11 by loganair If in the next 12 months the situation in the Ukraine does come to an end and some of the financial sanctions are lifted...Currently when it comes to getting any funds out of Russia from 'Unfriendly countries', such as with the sale of Yandex has to be done at 50% of the MOEX value. If able to trade all of JEMA's Russian assets under this when the conflict comes to an end = 250p extra to the NAV for JEMA, giving an approximate total NAV of 300p. If able to trade on the 100% value = 500p extra to the NAV for JEMA, giving an approximate total NAV of 550p. Note: NAV on JEMA's Russian assets I've calculated at an exchange rate of 110 rubs to the GBP. |
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